---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-23-026105"
form_type: "8-K"
ticker: "LEN"
cik: "0000920760"
company_name: "LENNAR CORP /NEW/"
filed_at: "2023-07-28T23:59:59+00:00"
generated_at: "2026-06-12T23:30:04.789096+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Lennar to redeem $425M of 5.875% Senior Notes due 2024 on Aug 30, 2023

## Summary
- Lennar redeems all $421.4M of its own 5.875% notes and $3.6M of Standard Pacific notes due 2024.
- Redemption date is August 30, 2023; original maturity was November 15, 2024.
- Redemption price is greater of 100% of principal or Treasury rate plus 50 bps, plus accrued interest.
- This optional redemption eliminates $425 million in debt ahead of scheduled maturity.

## SEC filing metadata
- accession: 0001628280-23-026105
- form_type: 8-K
- ticker: LEN
- cik: 0000920760
- company_name: LENNAR CORP /NEW/
- filed_at: 2023-07-28T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/920760/000162828023026105/0001628280-23-026105-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/920760/000162828023026105/len-20230727.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-23-026105
- JSON: https://secwatch.observer/filing/0001628280-23-026105.json
- Plain text: https://secwatch.observer/filing/0001628280-23-026105.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.